Market Index

The latest RICS survey results 'once again convey a brighter picture for housing market activity.'

Fresh LonRes data show sales market activity is up on last year, while lettings is down.

'Rate cutting is supporting rising house prices globally,' says Knight Frank, as three-quarters of international property markets saw average property values increase in Q2.

Zoopla's latest index tells of a sharp rise in home-buyer demand, pushing house price growth into positive territory.

'Best-in-class stock is still moving quickly, but broadly there is much less urgency in the market,' says Savills.

'Interest rates simply haven’t fallen as quickly as many buyers may have hoped, so there remains a sense of buyer hesitation across the market,' says GetAgent after trawling Rightmove data.

More new instructions and more homes going under offer than at this time last year, but fewer sales being agreed and more price reductions...

Bank of England data show an increase in mortgage approvals, remortgaging activity, and in net borrowing.

"Prospective tax changes in the impending budget have caused buyers to become more cautious in the prime housing markets, offsetting the benefit of lower interest rates," says Savills.

'Keir Starmer’s promises to target wealth as a way of increasing funding for public services is likely a major reason for a decline in demand in London’s prime market,' suggest Benham and Reeves boss…

Fewer sales were agreed last week in prime London, but there's been a steep rise in the number of homes going Under Offer.

Property industry reactions to the latest UK House Price Index, featuring insights from Chestertons, Foxtons, Fine & Country, Propertymark, SPF Private Clients and more.